CNPC announced that there will be no adjustment for barreled gas in April.

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[Reporter Lin Jinghua/Taipei Report] China National Petroleum Corporation announced today that starting from 00:00 am on tomorrow (2nd), domestic liquefied petroleum gas (barrel gas), industrial propane, butane, mixed propane and butane, and vehicle liquefaction will be liquefied in April. LPG prices are not adjusted.

China National Petroleum Corporation stated that the price of liquefied petroleum gas is handled in accordance with the "China Petroleum Corporation's monthly review and adjustment mechanism for liquefied petroleum gas prices".

According to the calculation results of the liquefied petroleum gas pricing formula, the liquefied petroleum gas in April should be reduced by 6.8 yuan per kilogram, but from October 2019 to March 2023, in order to cooperate with the government policy and reduce the burden on the public, the cumulative absorption amount of CNPC has not been fully adjusted Therefore, the price of liquefied petroleum gas will not be adjusted in April this year, and part of the absorbed amount will be covered first.

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CNPC pointed out that the unrecovered absorption amount reached 13.4 yuan per kilogram, and it will be made up again when the international price falls in the future.

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